UnitedHealthcare says it will pass on rebates from drug companies to consumers

In response to growing consumer frustration over drug prices, UnitedHealthcare, one of the nation's largest health insurers, said on Tuesday that it would stop keeping millions of dollars in discounts it gets from drug companies and share them with its customers. Dan Schumacher, the president of UnitedHealthcare, said the new policy will apply to more than seven million people who are enrolled in the company's fully insured plans, beginning next year. (NY Times)